Global economic losses from natural catastrophe events in 2020 were $190 billion. In GDP-normalised terms, losses rose 1.6% between 1970-2020 on a 10-year moving average basis. This is indicative of the larger scale of losses that could result if an event of the past were to occur today, given the accumulation of socio-economic value and… Continue reading Swiss Re Reveals Global Losses for 2020
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